VanEck Steel ETF
ALTAR
Score™		 10.5% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 20.9x P/Sales
ratio		 0.9x
P/BV
ratio		 1.2x Div.
yield		 2.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
VanEck Vectors Steel Index Fund seeks investment results that correspond to the price and yield of the Amex Steel Index.

FUND BASICS
Category Global Equities
Fund Sponsor Van Eck Associates Corp
Website www.vaneck.com
Inception date Oct 10, 2006
Assets (mns) $166
Currency USD
Expense ratio 56 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Market Cap
Index replication Optimized
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 50
Wgt avg mkt cap (mns) $42,112
Large cap (>$10bn) 50.5%
Mid cap ($2-10bn) 28.4%
Small cap (<$2bn) 11.9%
Developed mkts 81.2%
Emerging mkts 18.8%

TOP TEN HOLDINGS
BHP BILLITON LTD-SPON ADR 7.4 %
VALE SA-SP ADR 7.1 %
RIO TINTO PLC-SPON ADR 6.8 %
NUCOR CORP 6.5 %
STEEL DYNAMICS INC 5.6 %
ARCELORMITTAL SA ADR 5.3 %
NIPPON STEEL CORP 5.1 %
RELIANCE STEEL & ALUMINUM 4.7 %
RIO TINTO LTD 4.5 %
FORTESCUE METALS GROUP LTD 4.3 %
Total 57.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 21.3 %
AUSTRALIA 21.3 %
LUXEMBOURG 11.2 %
JAPAN 9.8 %
BRAZIL 9.5 %
BRITAIN 7.2 %
SOUTH KOREA 4.7 %
TAIWAN 4.7 %
SWEDEN 2.5 %
AUSTRIA 2.2 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
16.0% 51.1% 14.1% 17.5% 7.4%

Market Correlations
versus... Beta R-squared
S&P500 1.34 44%
MSCI EAFE 1.23 58%
MSCI Emg. Mkts. 0.79 51%

Technical Indicators
Recent close $103.49
30d moving avg. $102.81
Annualized volatility 27.1%
Short interest (ETF) 2.6%
Short interest (Underlying) 4.9%
Relative strength (RSI) 47

Liquidity measures
Avg. volume (thou.) 30
Turnover 1.9%
Bid/Ask (% of price) 0.38%
ADV underlying (mns) $1,035

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 619 potential alternatives to the VanEck Steel ETF ETF based on the alternatives' overlap in portfolio holdings with SLX. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: SLX Expense: 56 bp ALTAR Score™: 10.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SLX
Ticker Fund
Name		 Overlap1
vs SLX
(%)		 Expense
ratio
(bp)		 Savings
vs SLX
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs SLX
(%)
XME State Street SPDR S&P Metals & Mining ETF 17.4 35 21 6.0 -4.5
EV Mast Global Battery Recycling & Production ETF 13.7 65 -9 6.4 -4.1
FXZ First Trust Materials AlphaDEX Fund 12.7 61 -5 7.0 -3.5
IPAV Global X Infrastructure Development ex-U.S. ETF 10.6 55 1 6.1 -4.4
IYM iShares U.S. Basic Materials ETF 10.2 40 16 4.6 -5.9
RSPM Invesco S&P 500 Equal Weight Materials ETF 10.2 40 16 5.6 -4.9
HAP VanEck Natural Resources ETF 9.6 50 6 6.8 -3.7
CCSO Carbon Collective Climate Solutions US Equity ETF 9.6 35 21 1.0 -9.5
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 9.4 60 -4 4.3 -6.2
MXI iShares Global Materials ETF 8.4 41 15 6.2 -4.3
LIT Global X Lithium & Battery Tech ETF 8.4 75 -19 5.9 -4.6
VAW Vanguard Materials ETF 8.3 9 47 5.2 -5.3
XLB Materials Select Sector SPDR 8.3 8 48 5.5 -5.0
ICOP iShares Copper and Metals Mining ETF 8.2 47 9 5.9 -4.6
FMAT Fidelity MSCI Materials Index ETF 8.0 8 48 5.2 -5.3
ILF iShares Latin America 40 ETF 8.0 48 8 9.6 -0.9
BRAZ Global X Brazil Active ETF 6.9 75 -19 10.4 -0.0
PAVE Global X U.S. Infrastructure Development ETF 6.8 47 9 4.1 -6.4
GNR SPDR S&P Global Natural Resources ETF 6.5 40 16 8.6 -1.9
HWAY Themes US Infrastructure ETF 6.5 29 27 4.5 -5.9
OTGL OTG Latin America ETF 6.4 269 -213 7.8 -2.7
FLAU Franklin FTSE Australia ETF 5.5 9 47 5.9 -4.6
IFRA iShares U.S. Infrastructure ETF 4.4 30 26 5.4 -5.1
FPXI First Trust International Equity Opportunities ETF 4.4 70 -14 4.0 -6.5
EWA iShares MSCI Australia ETF 4.4 50 6 5.3 -5.2
DVYA iShares Asia/Pacific Dividend ETF 4.3 49 7 6.9 -3.6
NANR SPDR S&P North American Natural Resources ETF 4.1 35 21 6.4 -4.1
IDOG ALPS International Sector Dividend Dogs ETF 4.1 50 6 9.4 -1.1
IVAL Alpha Architect International Quantitative Value ETF 4.0 49 7 7.7 -2.8
OIH VanEck Oil Services ETF 3.9 35 21 2.7 -7.8
VNSE Natixis Vaughan Nelson Select ETF 3.8 80 -24 3.4 -7.1
FMTM MarketDesk Focused U.S. Momentum ETF 3.7 45 11 5.0 -5.5
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 3.6 19 37 5.3 -5.2
CCNR ALPS CoreCommodity Natural Resources ETF 3.5 39 17 8.5 -2.0
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 3.4 75 -19 2.1 -8.4
RBLD First Trust Alerian US NextGen Infrastructure ETF 3.3 65 -9 3.8 -6.7
DGLO First Trust RBA Deglobalization ETF 3.3 70 -14 5.2 -5.3
ABLD Abacus FCF Real Assets Leaders ETF 3.2 69 -13 6.7 -3.8
ION ProShares S&P Global Core Battery Metals ETF 3.1 58 -2 7.0 -3.5
DINT Davis Select International ETF 3.1 55 1 6.1 -4.4
AVIV Avantis International Large Cap Value ETF 3.0 25 31 6.9 -3.6
EPP iShares MSCI Pacific ex-Japan ETF 2.8 47 9 4.9 -5.6
TIIV AAM Todd International Intrinsic Value ETF 2.6 54 2 9.6 -0.9
SURE AdvisorShares Insiders Advantage ETF 2.6 90 -34 7.6 -2.9
INCE Franklin Income Equity Focus ETF 2.4 29 27 5.3 -5.2
FYLD Cambria Foreign Shareholder Yield ETF 2.4 59 -3 10.1 -0.4
TPHD Timothy Plan High Dividend Stock ETF 2.3 52 4 5.9 -4.6
CNRG State Street SPDR S&P Kensho Clean Power ETF 2.3 45 11 0.0 -10.5
DVOL First Trust Dorsey Wright Momentum & Low Volatility ETF 2.3 60 -4 4.2 -6.3
FGD First Trust Dow Jones Global Select Dividend Index Fund 2.3 56 0 9.6 -0.9
EWO iShares MSCI Austria ETF 2.2 50 6 7.3 -3.2
TMDV ProShares Russell US Dividend Growers ETF 2.2 35 21 6.0 -4.5
LVDS JPMorgan Fundamental Data Science Large Value ETF 2.2 49 7 4.7 -5.8
AVIE Avantis  Inflation Focused Equity ETF 2.2 25 31 5.9 -4.6
INEQ Columbia International Equity Income ETF 2.1 45 11 7.8 -2.7
MAGA Point Bridge America First ETF 2.1 72 -16 5.0 -5.4
YNOT Horizon Digital Frontier ETF 2.1 75 -19 2.8 -7.7
QMOM Alpha Architect U.S. Quantitative Momentum ETF 2.1 39 17 1.2 -9.3
MDLV Morgan Dempsey Large Cap Value ETF 2.1 58 -2 5.7 -4.8
AVDE Avantis International Equity ETF 2.1 23 33 6.2 -4.3
PID Invesco International Dividend Achievers ETF 2.1 53 3 4.1 -6.4
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF 2.0 60 -4 7.8 -2.7
IJJ iShares S&P Mid-Cap 400 Value ETF 2.0 18 38 7.7 -2.8
MDYV State Street SPDR S&P 400 Mid Cap Value ETF 2.0 15 41 7.7 -2.8
MAKX ProShares S&P Kensho Smart Factories ETF 2.0 58 -2 1.2 -9.3
DISV Dimensional International Small Cap Value ETF 2.0 42 14 8.2 -2.3
COWS Amplify Cash Flow Dividend Leaders ETF 2.0 19 37 6.9 -3.6
NUMV Nuveen ESG Mid-Cap Value ETF 2.0 31 25 5.4 -5.1
IVOV Vanguard S&P Mid-Cap 400 Value ETF 2.0 10 46 7.8 -2.7
IMOM Alpha Architect International Quantitative Momentum ETF 2.0 49 7 4.5 -6.0
IDV iShares International Select Dividend ETF 2.0 51 5 9.2 -1.3
DFE WisdomTree Europe SmallCap Dividend Fund 2.0 58 -2 7.7 -2.8
KONG Formidable Fortress ETF 2.0 89 -33 5.3 -5.2
RWK Invesco S&P MidCap 400 Revenue ETF 1.9 39 17 7.6 -2.9
JHID John Hancock International High Dividend ETF 1.9 46 10 7.9 -2.6
JIVE JPMorgan International Value ETF 1.9 55 1 8.1 -2.4
APIE ActivePassive International Equity ETF 1.9 45 11 6.4 -4.1
BIBL Inspire 100 ETF 1.9 35 21 4.1 -6.4
FCTR First Trust Lunt U.S. Factor Rotation ETF 1.9 65 -9 4.8 -5.7
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 1.8 40 16 6.5 -4.0
CGV Conductor Global Equity Value ETF 1.8 130 -74 7.9 -2.6
ULVM VictoryShares US Value Momentum ETF 1.8 20 36 5.9 -4.6
UIVM VictoryShares International Value Momentum ETF 1.8 35 21 8.0 -2.5
BLES Inspire Global Hope ETF 1.7 61 -5 5.7 -4.7
QQQJ Invesco NASDAQ Next Gen 100 ETF 1.7 15 41 3.9 -6.6
RFV Invesco S&P Midcap 400 Pure Value ETF 1.7 35 21 10.7 +0.3
TPHE Timothy Plan High Dividend Stock Enhanced ETF 1.7 54 2 6.0 -4.5
ICOW Pacer Developed Markets International Cash Cows 100 ETF 1.7 65 -9 8.1 -2.4
PRAY FIS Christian Stock Fund 1.7 69 -13 4.1 -6.4
NOBL ProShares S&P 500 Dividend Aristocrats ETF 1.7 35 21 10.8 +0.3
LIMI Themes Lithium & Battery Metal Miners ETF 1.6 35 21 3.7 -6.8
ILIT iShares Lithium Miners and Producers ETF 1.6 47 9 4.5 -6.0
ECOW Pacer Emerging Markets Cash Cows 100 ETF 1.6 70 -14 9.4 -1.1
JPIN J.P. Morgan Diversified Return International Equity ETF 1.6 37 19 7.1 -3.4
AFMC First Trust Active Factor Mid Cap ETF 1.6 65 -9 6.9 -3.6
INTF iShares International Equity Factor ETF 1.6 15 41 6.5 -4.0
AVES Avantis Emerging Markets Value ETF 1.6 36 20 9.3 -1.2
DVLU First Trust Dorsey Wright Momentum & Value ETF 1.5 60 -4 6.0 -4.5
WWJD Inspire International ETF 1.5 80 -24 6.4 -4.1
FJP First Trust Japan AlphaDEX Fund 1.5 80 -24 7.7 -2.8
YALL God Bless America ETF 1.5 65 -9 4.7 -5.8
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 1.5 39 17 6.3 -4.2
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 1.5 52 4 4.8 -5.7
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 1.4 24 32 7.0 -3.5
PWB Invesco Large Cap Growth ETF 1.4 56 0 2.0 -8.4
JPUS JPMorgan Diversified Return U.S. Equity ETF 1.4 18 38 6.7 -3.8
IEUS iShares MSCI Europe Small-Cap ETF 1.4 42 14 6.9 -3.6
DFIV Dimensional International Value ETF 1.4 27 29 7.7 -2.8
DWMF WisdomTree International Multifactor Fund 1.4 38 18 6.8 -3.7
FMDE Fidelity Enhanced Mid Cap ETF 1.4 23 33 5.3 -5.2
IQDF FlexShares International Quality Dividend Index Fund 1.4 47 9 7.5 -2.9
ISCF iShares International SmallCap Equity Factor ETF 1.3 23 33 7.4 -3.1
FIVA Fidelity International Value Factor ETF 1.3 18 38 7.2 -3.3
SCZ iShares MSCI EAFE Small-Cap ETF 1.3 40 16 6.2 -4.3
FTA First Trust Large Cap Value AlphaDEX Fund 1.3 59 -3 7.4 -3.1
GPT Intelligent Alpha Atlas ETF 1.3 69 -13 6.1 -4.4
BRIF FIS Bright Portfolios Focused Equity ETF 1.3 65 -9 3.3 -7.2
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.3 24 32 6.9 -3.5
AVMC Avantis U.S. Mid Cap Equity ETF 1.3 18 38 6.0 -4.5
SMOX Horizon Small/Mid Cap Core Equity ETF 1.3 75 -19 5.2 -5.3
SCHM Schwab U.S. Mid-Cap ETF 1.3 4 52 5.8 -4.7
DTH WisdomTree International High Dividend Fund 1.3 58 -2 7.3 -3.2
FELV Fidelity Enhanced Large Cap Value ETF 1.3 18 38 5.3 -5.1
VIDI Vident International Equity Strategy ETF 1.3 61 -5 8.3 -2.1
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 1.3 60 -4 4.4 -6.1
GCOW Pacer Global Cash Cows Dividend ETF 1.3 60 -4 9.4 -1.1
TUR iShares MSCI Turkey ETF 1.3 58 -2 13.3 +2.8
EQAL Invesco Russell 1000 Equal Weight ETF 1.3 20 36 6.1 -4.4
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 1.3 58 -2 5.6 -4.9
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 1.2 80 -24 6.6 -3.9
AVMV Avantis U.S. Mid Cap Value ETF 1.2 20 36 7.2 -3.3
TTAI FCF International Quality ETF 1.2 59 -3 6.9 -3.6
VOE Vanguard Mid-Cap Value ETF 1.2 7 49 6.6 -3.9
FEP First Trust Europe AlphaDEX Fund 1.2 80 -24 6.9 -3.6
IPAC iShares Core MSCI Pacific ETF 1.2 9 47 5.5 -5.0
DVYE iShares Emerging Markets Dividend ETF 1.2 49 7 17.8 +7.3
AVXC Avantis Emerging Markets Ex-China Equity ETF 1.2 33 23 6.3 -4.2
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 1.2 58 -2 5.1 -5.4
FNDF Schwab Fundamental International Large Co. Index ETF 1.2 25 31 7.4 -3.1
GVAL Cambria Global Value ETF 1.2 68 -12 8.6 -1.9
DEUS Xtrackers Russell US Multifactor ETF 1.2 17 39 6.3 -4.2
BATT Amplify Lithium & Battery Technology ETF 1.2 59 -3 2.2 -8.3
DIHP Dimensional International High Profitability ETF 1.2 29 27 5.8 -4.7
DSTX Distillate International Fundamental Stability & Value ETF 1.2 55 1 6.6 -3.9
LSAF LeaderShares AlphaFactor US Core Equity ETF 1.2 75 -19 5.9 -4.6
VBR Vanguard Small Cap Value ETF 1.1 7 49 7.6 -2.9
XJH iShares ESG Screened S&P Mid-Cap ETF 1.1 12 44 5.8 -4.6
DFIC Dimensional International Core Equity 2 ETF 1.1 23 33 6.3 -4.2
XMLV Invesco S&P MidCap Low Volatility ETF 1.1 25 31 6.5 -4.0
QINT American Century Quality Diversified International ETF 1.1 39 17 6.6 -3.9
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 1.1 45 11 6.8 -3.7
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 1.1 39 17 7.0 -3.5
DSTL Distillate US Fundamental Stability & Value ETF 1.1 39 17 7.6 -2.9
IWS iShares Russell Mid-Cap Value ETF 1.1 23 33 5.9 -4.6
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 1.1 15 41 6.0 -4.5
NULV Nuveen ESG Large-Cap Value ETF 1.1 26 30 5.1 -5.3
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.1 72 -16 2.6 -7.8
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 1.1 35 21 6.2 -4.3
DLS WisdomTree International SmallCap Dividend Fund 1.1 58 -2 7.5 -3.0
RFDI First Trust Riverfront Dynamic Developed International ETF 1.1 83 -27 7.5 -3.0
HAIL State Street SPDR S&P Kensho Smart Mobility ETF 1.1 45 11 -1.5 -12.0
LIVR Intelligent Livermore ETF 1.0 69 -13 3.1 -7.4
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 1.0 80 -24 7.7 -2.8
MDY SPDR S&P Midcap 400 ETF Trust 1.0 23 33 5.8 -4.7
WDIV SPDR S&P Global Dividend ETF 1.0 40 16 8.9 -1.6
FID First Trust S&P International Dividend Aristocrats ETF 1.0 60 -4 7.7 -2.8
SPVM Invesco S&P 500 Value with Momentum ETF 1.0 39 17 6.1 -4.4
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.0 47 9 7.3 -3.2
AFLG First Trust Active Factor Large Cap ETF 1.0 55 1 5.0 -5.5
SFGV Sequoia Global Value ETF 1.0 23 33 7.0 -3.5
LVHI Franklin International Low Volatility High Dividend Index ET 1.0 40 16 7.3 -3.2
AVDV Avantis International Small Cap Value ETF 1.0 36 20 7.9 -2.6
VRAI Virtus Real Asset Income ETF 1.0 55 1 8.1 -2.4
TMAT Main Thematic Innovation ETF 1.0 164 -108 -2.0 -12.4
FEX First Trust Large Cap Core AlphaDEX Fund 1.0 59 -3 4.9 -5.6
IJH iShares Core S&P Mid-Cap ETF 1.0 5 51 6.0 -4.5
EFNL iShares MSCI Finland ETF 1.0 56 0 6.0 -4.5
DFEV Dimensional Emerging Markets Value ETF 1.0 43 13 9.7 -0.8
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 1.0 3 53 6.0 -4.5
CZA Invesco Zacks Mid-Cap ETF 1.0 72 -16 5.6 -4.9
DIVI Franklin International Core Dividend Tilt Index ETF 1.0 9 47 6.6 -3.9
IVOO Vanguard S&P Mid-Cap 400 ETF 1.0 7 49 6.0 -4.5
DVGR DAC 3D Dividend Growth ETF 1.0 65 -9 4.8 -5.7
DFLV Dimensional US Large Cap Value ETF 1.0 22 34 5.9 -4.6
AVEM Avantis Emerging Markets Equity ETF 1.0 33 23 7.3 -3.2
FENI Fidelity Enhanced International ETF 1.0 28 28 5.8 -4.7
IMCG iShares Morningstar Mid-Cap Growth ETF 0.9 6 50 3.3 -7.2
VSDA VictoryShares Dividend Accelerator ETF 0.9 35 21 6.3 -4.2
MEM Matthews Emerging Markets Equity Active ETF 0.9 79 -23 8.8 -1.7
VPL Vanguard FTSE Pacific ETF 0.9 7 49 5.3 -5.1
EWJV iShares MSCI Japan Value ETF 0.9 15 41 6.7 -3.8
CVY Invesco Zacks Multi-Asset Income ETF 0.9 106 -50 9.7 -0.8
CHGX AXS Change Finance ESG ETF 0.9 49 7 4.4 -6.1
IUS Invesco RAFI Strategic US ETF 0.9 19 37 5.5 -5.0
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.9 30 26 6.5 -4.0
FAB First Trust Multi Cap Value AlphaDEX Fund 0.9 67 -11 8.3 -2.2
REVS Columbia Research Enhanced Value ETF 0.9 19 37 6.4 -4.1
JIRE JPMorgan International Research Enhanced Equity ETF 0.9 24 32 5.8 -4.7
GWX SPDR S&P International Small Cap ETF 0.9 40 16 6.1 -4.4
IVLU iShares MSCI Intl Value Factor ETF 0.9 30 26 8.0 -2.5
EQL Alps Equal Sector Weight ETF 0.9 25 31 5.1 -5.4
FELC Fidelity Enhanced Large Cap Core ETF 0.9 18 38 4.4 -6.1
DFAI Dimensional International Core Equity Market ETF 0.9 18 38 6.0 -4.5
IWR iShares Russell Midcap ETF 0.8 19 37 5.3 -5.2
DFIS Dimensional International Small Cap ETF 0.8 39 17 6.2 -4.2
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.8 80 -24 7.0 -3.4
SCHC Schwab International Small-Cap Equity ETF 0.8 11 45 6.8 -3.7
XMVM Invesco S&P MidCap Value with Momentum ETF 0.8 39 17 7.1 -3.4
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 0.8 65 -9 4.2 -6.3
GLOF iShares Global Equity Factor ETF 0.8 20 36 5.6 -4.9
JHMM John Hancock Multifactor Mid Cap ETF 0.8 42 14 5.4 -5.1
AVDS Avantis International Small Cap Equity ETF 0.8 30 26 6.1 -4.4
DXIV Dimensional International Vector Equity ETF 0.8 34 22 6.6 -3.9
JHMD John Hancock Multifactor Developed International ETF 0.8 39 17 6.2 -4.3
GINX SGI Enhanced Global Income ETF 0.8 98 -42 6.5 -4.0
DEXC Dimensional Emerging Markets ex China Core EquityETF 0.8 53 3 5.3 -5.2
GEW Cambria Global EW ETF 0.8 29 27 5.4 -5.1
EFV iShares MSCI EAFE Value ETF 0.8 34 22 7.5 -3.0
IMFL Invesco International Developed Dynamic Multifactor ETF 0.8 34 22 5.3 -5.2
FFF Founders 100 ETF 0.8 75 -19 2.7 -7.8
FNK First Trust Mid Cap Value AlphaDEX Fund 0.8 70 -14 9.3 -1.2
EFRA iShares Environmental Infrastructure and Industrials ETF 0.8 47 9 4.9 -5.5
DON WisdomTree U.S. MidCap Dividend Fund 0.8 38 18 7.9 -2.6
IQSI IQ Candriam International Equity ETF 0.8 15 41 5.6 -4.9
IMCB iShares Morningstar Mid-Cap ETF 0.8 4 52 5.1 -5.4
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.8 40 16 5.2 -5.3
CFA VictoryShares US 500 Volatility Wtd ETF 0.8 35 21 5.2 -5.2
JHSC John Hancock Multifactor Small Cap ETF 0.8 42 14 5.9 -4.6
FNDX Schwab Fundamental US Large Co. Index ETF 0.7 25 31 6.1 -4.4
RNEM First Trust Emerging Markets Equity Select ETF 0.7 75 -19 8.0 -2.5
FEUZ First Trust Eurozone AlphaDEX ETF 0.7 80 -24 6.6 -3.9
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.7 7 49 5.2 -5.3
PTL Inspire 500 ETF 0.7 9 47 4.5 -6.0
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.7 19 37 5.1 -5.4
FESM Fidelity Enhanced Small Cap ETF 0.7 28 28 2.2 -8.3
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.7 20 36 5.9 -4.6
RPV Invesco S&P 500 Pure Value ETF 0.7 35 21 8.5 -2.0
DFSV Dimensional US Small Cap Value ETF 0.7 31 25 8.5 -2.0
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.7 24 32 5.8 -4.7
XMMO Invesco S&P MidCap Momentum ETF 0.7 34 22 3.5 -7.0
SMLF iShares U.S. SmallCap Equity Factor ETF 0.7 15 41 4.9 -5.6
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.7 8 48 6.5 -3.9
VO Vanguard Mid-Cap ETF 0.7 4 52 20.8 +10.4
SSPY Syntax Stratified LargeCap ETF 0.7 30 26 6.0 -4.5
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.7 65 -9 7.5 -3.0
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 0.7 60 -4 3.4 -7.1
DXJ WisdomTree Japan Hedged Equity Fund 0.7 48 8 5.1 -5.4
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 0.7 25 31 5.5 -5.0
STXM Strive Mid-Cap ETF 0.7 18 38 5.9 -4.6
FNDC Schwab Fundamental International Small Co. Index ETF 0.7 39 17 6.9 -3.6
FNDB Schwab Fundamental US Broad Market Index ETF 0.7 25 31 6.1 -4.4
USMF WisdomTree U.S. Multifactor Fund 0.7 28 28 6.6 -3.9
PRF Invesco FTSE RAFI US 1000 ETF 0.7 34 22 5.5 -5.0
USCF Themes US Cash Flow Champions ETF 0.7 29 27 7.4 -3.1
SPEM SPDR Portfolio Emerging Markets ETF 0.7 7 49 9.7 -0.8
VB Vanguard Small-Cap ETF 0.7 5 51 5.1 -5.3
JPXN iShares JPX-Nikkei 400 ETF 0.7 48 8 5.4 -5.1
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.7 29 27 5.6 -4.9
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.7 80 -24 3.8 -6.7
FRGN Horizon International Equity ETF 0.7 75 -19 7.9 -2.6
SDY State Street SPDR S&P Dividend ETF 0.6 35 21 5.9 -4.6
STXV Strive 1000 Value ETF 0.6 18 38 6.6 -3.8
WSML iShares MSCI World Small-Cap ETF 0.6 15 41 5.4 -5.1
JVAL JPMorgan U.S. Value Factor ETF 0.6 12 44 6.7 -3.8
SIZE iShares MSCI USA Size Factor ETF 0.6 15 41 5.4 -5.1
AVSD Avantis Responsible International Equity ETF 0.6 23 33 5.9 -4.5
EUSA iShares MSCI USA Equal Weighted ETF 0.6 9 47 5.4 -5.1
IVSI Applied Finance IVS International Large ETF 0.6 65 -9 5.9 -4.6
DFUV Dimensional US Marketwide Value ETF 0.6 22 34 5.9 -4.6
LST Leuthold Select Industries ETF 0.6 91 -35 4.8 -5.7
VYMI Vanguard International High Dividend Yield ETF 0.6 17 39 7.9 -2.6
NUSC Nuveen ESG Small-Cap ETF 0.6 31 25 4.8 -5.7
IMCV iShares Morningstar Mid-Cap Value ETF 0.6 6 50 6.7 -3.8
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.6 15 41 6.6 -3.8
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.6 15 41 6.1 -4.4
DIM WisdomTree International MidCap Dividend Fund 0.6 58 -2 6.3 -4.2
DFVX Dimensional US Large Cap Vector ETF 0.6 22 34 5.3 -5.2
SPDW SPDR Portfolio Developed World ex-US ETF 0.6 3 53 5.9 -4.6
PIEL Pacer International Export Leaders ETF 0.5 60 -4 4.1 -6.4
GSID Goldman Sachs MarketBeta International Equity ETF 0.5 20 36 5.8 -4.6
MTUM iShares MSCI USA Momentum Factor ETF 0.5 15 41 2.4 -8.1
IEFA iShares Core MSCI EAFE ETF 0.5 7 49 6.1 -4.4
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.5 15 41 4.3 -6.2
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.5 38 18 7.3 -3.2
TPIF Timothy Plan International ETF 0.5 62 -6 5.6 -4.9
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.5 46 10 7.9 -2.6
DOL WisdomTree International LargeCap Dividend Fund 0.5 48 8 5.6 -4.9
JHML John Hancock Multifactor Large Cap ETF 0.5 29 27 4.5 -6.0
RSP Invesco S&P 500 Equal Weight ETF 0.5 20 36 5.8 -4.7
EWT iShares MSCI Taiwan ETF 0.5 58 -2 3.1 -7.4
XOEF iShares S&P 500 ex S&P 100 ETF 0.5 20 36 4.6 -5.8
EIPI FT Energy Income Partners Enhanced Income ETF 0.5 110 -54 5.3 -5.2
IWN iShares Russell 2000 Value ETF 0.5 24 32 4.6 -5.9
SMMD iShares Russell 2500 ETF 0.5 15 41 5.4 -5.1
VTWV Vanguard Russell 2000 Value ETF 0.5 10 46 4.7 -5.8
SCJ iShares MSCI Japan Small-Cap ETF 0.5 50 6 5.6 -4.9
IDEV iShares Core MSCI International Developed Markets ETF 0.5 4 52 6.0 -4.5
VIG Vanguard Dividend Appreciation ETF 0.5 5 51 4.9 -5.6
GOP Unusual Whales Subversive Republican Trading ETF 0.5 50 6 4.2 -6.3
HEDJ WisdomTree Europe Hedged Equity Fund 0.5 58 -2 6.0 -4.5
MODL VictoryShares WestEnd U.S. Sector ETF 0.5 42 14 4.1 -6.4
RECS Columbia Research Enhanced Core ETF 0.5 15 41 5.3 -5.2
CWI SPDR MSCI ACWI ex-US ETF 0.5 30 26 6.5 -4.0
EWJ iShares MSCI Japan ETF 0.5 50 6 4.9 -5.6
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.5 70 -14 4.1 -6.4
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.5 30 26 6.1 -4.4
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.5 58 -2 5.3 -5.2
BKIE BNY Mellon International Equity ETF 0.5 4 52 18.0 +7.5
HEWJ iShares Currency Hedged MSCI Japan ETF 0.5 50 6 5.3 -5.2
DFAE Dimensional Emerging Core Equity Market ETF 0.5 35 21 7.2 -3.2
PRXV Praxis Impact Large Cap Value ETF 0.5 36 20 5.4 -5.1
CIL VictoryShares International Volatility Wtd ETF 0.5 45 11 5.9 -4.6
IQDG WisdomTree International Quality Dividend Growth Fund 0.5 42 14 5.8 -4.7
ERTH Invesco MSCI Sustainable Future ETF 0.5 62 -6 3.3 -7.2
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.5 33 23 6.9 -3.5
DGRW WisdomTree US Quality Dividend Growth Fund 0.5 28 28 5.1 -5.4
BBJP JPMorgan BetaBuilders Japan ETF 0.5 19 37 5.3 -5.2
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.5 35 21 5.7 -4.8
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.5 50 6 8.4 -2.0
DFAT Dimensional U.S. Targeted Value ETF 0.5 28 28 8.3 -2.2
HAPI Harbor Human Capital Factor US Large Cap ETF 0.5 36 20 4.2 -6.3
VEA Vanguard FTSE Developed Markets ETF 0.4 3 53 6.0 -4.5
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.4 39 17 13.7 +3.2
VXF Vanguard Extended Market ETF 0.4 5 51 3.7 -6.8
TPSC Timothy Plan US Small Cap Core ETF 0.4 52 4 6.4 -4.1
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.4 42 14 8.1 -2.4
WCEO Hypatia Women CEO ETF 0.4 85 -29 4.5 -6.0
IQLT iShares MSCI Intl Quality Factor ETF 0.4 30 26 5.5 -5.0
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.4 20 36 5.6 -4.9
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.4 12 44 6.1 -4.4
PATN Pacer Nasdaq International Patent Leaders ETF 0.4 65 -9 4.2 -6.3
HFXI IQ FTSE International Equity Currency Neutral ETF 0.4 20 36 5.6 -4.9
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 0.4 32 24 5.3 -5.2
FLJH Franklin FTSE Japan Hedged ETF 0.4 9 47 5.0 -5.5
FLJP Franklin FTSE Japan ETF 0.4 9 47 5.4 -5.1
DXUV Dimensional US Vector Equity ETF 0.4 28 28 5.2 -5.3
EVUS iShares ESG Aware MSCI USA Value ETF 0.4 18 38 5.5 -4.9
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.4 29 27 6.2 -4.2
NULC Nuveen ESG Large-Cap ETF 0.4 21 35 4.0 -6.5
JMOM JPMorgan U.S. Momentum Factor ETF 0.4 12 44 3.4 -7.1
DBJP Xtrackers MSCI Japan Hedged Equity ETF 0.4 47 9 4.5 -5.9
AVUS Avantis U.S. Equity ETF 0.4 15 41 4.7 -5.8
FNX First Trust Mid Cap Core AlphaDEX Fund 0.4 60 -4 6.1 -4.4
ROUS Hartford Multifactor US Equity ETF 0.4 19 37 5.4 -5.1
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.4 20 36 0.9 -9.6
RZV Invesco S&P Smallcap 600 Pure Value ETF 0.4 35 21 6.6 -3.8
PSCM Invesco S&P SmallCap Materials ETF 0.4 29 27 10.1 -0.4
GRPZ Invesco S&P SmallCap 600 GARP ETF 0.4 35 21 5.8 -4.7
HAPS Harbor Human Capital Factor US Small Cap ETF 0.4 60 -4 3.2 -7.3
DSMC Distillate Small/Mid Cash Flow ETF 0.4 55 1 10.4 -0.1
OPTZ Optimize Strategy Index ETF 0.4 50 6 3.5 -7.0
SCHF Schwab International Equity ETF 0.4 6 50 6.0 -4.5
IUSV iShares Core S&P US Value ETF 0.4 4 52 5.7 -4.7
EFA iShares MSCI EAFE ETF 0.4 35 21 5.8 -4.7
ROAM Hartford Multifactor Emerging Markets ETF 0.4 44 12 7.7 -2.7
PFM Invesco Dividend Achievers ETF 0.4 53 3 4.6 -5.9
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.4 49 7 6.1 -4.3
HEFA iShares Currency Hedged MSCI EAFE ETF 0.4 35 21 5.6 -4.8
ETHO Etho Climate Leadership U.S. ETF 0.4 47 9 4.1 -6.4
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 0.4 60 -4 6.6 -3.9
UMMA Wahed Dow Jones Islamic World ETF 0.4 65 -9 3.7 -6.8
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 0.4 20 36 7.2 -3.3
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.4 36 20 5.2 -5.3
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.4 14 42 5.3 -5.2
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.4 40 16 5.6 -4.9
WLDR Affinity World Leaders Equity ETF 0.4 67 -11 5.7 -4.8
QUVU Hartford Quality Value ETF 0.4 46 10 5.3 -5.2
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.4 58 -2 8.7 -1.7
MNZL Manzil Russell Halal USA Broad MarketETF 0.4 40 16 3.8 -6.7
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.4 9 47 5.2 -5.3
IXUS iShares Core MSCI Total International Stock ETF 0.4 7 49 6.7 -3.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.4 30 26 7.7 -2.7
ISCV iShares Morningstar Small Cap Value ETF 0.4 6 50 7.5 -3.0
BSVO EA Bridgeway Omni Small-Cap Value ETF 0.4 47 9 7.3 -3.2
VXUS Vanguard Total International Stock ETF 0.4 5 51 6.7 -3.8
DWM WisdomTree International Equity Fund 0.4 48 8 5.6 -4.9
DFAC Dimensional U.S. Core Equity 2 ETF 0.4 17 39 4.7 -5.8
RODM Hartford Multifactor Developed Markets (ex-US) ETF 0.4 29 27 7.0 -3.5
SCHV Schwab U.S. Large-Cap Value ETF 0.4 4 52 5.5 -5.0
RWL Invesco S&P 500 Revenue ETF 0.4 39 17 5.7 -4.8
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.4 29 27 4.0 -6.5
VEU Vanguard FTSE All-World ex-US Index Fund 0.4 4 52 6.8 -3.7
FDEV Fidelity International Multifactor ETF 0.4 18 38 7.2 -3.3
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.3 85 -29 2.8 -7.7
FVD First Trust Value Line Dividend Index Fund 0.3 65 -9 5.5 -5.0
DFSI Dimensional International Sustainability Core 1 ETF 0.3 24 32 5.7 -4.8
DEW WisdomTree Global High Dividend Fund 0.3 58 -2 7.0 -3.5
VFVA Vanguard U.S. Value Factor ETF 0.3 13 43 9.0 -1.5
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.3 25 31 6.1 -4.3
SDIV Global X Superdividend ETF 0.3 58 -2 13.7 +3.2
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 0.3 95 -39 10.2 -0.3
CZAR Themes Natural Monopoly ETF 0.3 35 21 5.4 -5.1
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.3 18 38 6.4 -4.1
PXH Invesco FTSE RAFI Emerging Markets ETF 0.3 49 7 13.5 +3.1
GVUS Marketbeta Russell 1000 Value Equity ETF 0.3 12 44 5.2 -5.3
VFMF Vanguard U.S. Multifactor ETF 0.3 18 38 6.3 -4.1
VFMO Vanguard U.S. Momentum Factor ETF 0.3 13 43 1.7 -8.8
RAFE PIMCO RAFI ESG U.S. ETF 0.3 29 27 6.0 -4.5
FLTW Franklin FTSE Taiwan ETF 0.3 19 37 3.5 -7.0
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.3 15 41 5.0 -5.5
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.3 70 -14 6.9 -3.6
DFAS Dimensional U.S. Small Cap ETF 0.3 26 30 5.4 -5.1
VYM Vanguard High Dividend Yield Index ETF 0.3 6 50 6.0 -4.5
IWD iShares Russell 1000 Value ETF 0.3 19 37 5.2 -5.3
AVSU Avantis Responsible U.S. Equity ETF 0.3 15 41 4.9 -5.6
VONV Vanguard Russell 1000 Value ETF 0.3 7 49 5.3 -5.2
LRGF iShares U.S. Equity Factor ETF 0.3 8 48 4.6 -5.8
IVE iShares S&P 500 Value ETF 0.3 18 38 5.5 -5.0
VOOV Vanguard S&P 500 Value ETF 0.3 7 49 5.6 -4.9
SPYV State Street SPDR Portfolio S&P 500 Value ETF 0.3 4 52 5.6 -4.9
SCHA Schwab U.S. Small-Cap ETF 0.3 4 52 4.3 -6.2
DFJ WisdomTree Japan SmallCap Dividend Fund 0.3 58 -2 6.6 -3.9
EMMF WisdomTree Emerging Markets Multifactor Fund 0.3 48 8 8.9 -1.6
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.3 25 31 7.4 -3.1
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.3 25 31 4.9 -5.6
IMTM iShares MSCI Intl Momentum Factor ETF 0.3 30 26 4.7 -5.8
IWM iShares Russell 2000 ETF 0.3 19 37 2.6 -7.9
BKSE BNY Mellon US Small Cap Core Equity ETF 0.3 4 52 15.2 +4.7
ONEY State Street SPDR Russell 1000 Yield Focus ETF 0.3 20 36 8.4 -2.1
RSSL Global X Russell 2000 ETF 0.3 8 48 2.6 -7.9
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.3 17 39 4.9 -5.6
DCOR Dimensional US Core Equity 1 ETF 0.3 14 42 4.6 -5.9
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.3 10 46 4.3 -6.2
CRTC Xtrackers US National Critical Technologies ETF 0.3 35 21 4.3 -6.2
VTV Vanguard Value ETF 0.3 4 52 5.6 -4.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.3 9 47 4.9 -5.6
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.3 41 15 5.9 -4.5
SUSL iShares ESG MSCI USA Leaders ETF 0.3 10 46 4.3 -6.2
VLUE iShares MSCI USA Value Factor ETF 0.3 15 41 6.2 -4.3
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.3 32 24 3.9 -6.6
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.3 12 44 3.9 -6.6
ACWX iShares MSCI ACWI ex U.S. ETF 0.3 34 22 6.4 -4.1
VTWO Vanguard Russell 2000 ETF 0.3 7 49 2.7 -7.8
VT Vanguard Total World Stock ETF 0.3 6 50 5.1 -5.4
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.3 45 11 3.7 -6.8
FIDI Fidelity International High Dividend ETF 0.3 18 38 7.1 -3.4
DFSU Dimensional US Sustainability Core 1 ETF 0.2 18 38 4.7 -5.8
VSGX Vanguard ESG International Stock ETF 0.2 10 46 6.7 -3.8
ISCB iShares Morningstar Small-Cap ETF 0.2 4 52 5.3 -5.2
EWUS iShares MSCI United Kingdom Small Cap ETF 0.2 59 -3 7.2 -3.3
XSMO Invesco S&P SmallCap Momentum ETF 0.2 39 17 3.6 -6.9
SPXT ProShares S&P 500 Ex-Technology ETF 0.2 9 47 4.9 -5.6
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.2 75 -19 3.1 -7.4
DGRO iShares Core Dividend Growth ETF 0.2 8 48 5.4 -5.1
DFAU Dimensional US Core Equity Market ETF 0.2 12 44 4.3 -6.2
QWLD SPDR MSCI World StrategicFactors ETF 0.2 30 26 5.2 -5.3
HLAL Wahed FTSE USA Shariah ETF 0.2 50 6 3.7 -6.8
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 47 4.4 -6.1
DSPY Tema S&P 500 Historical Weight ETF 0.2 18 38 4.4 -6.1
URTH iShares MSCI World ETF 0.2 24 32 4.4 -6.1
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.2 20 36 3.9 -6.6
ILCG iShares Morningstar Growth ETF 0.2 4 52 3.2 -7.3
AVSE Avantis Responsible Emerging Markets Equity ETF 0.2 33 23 6.9 -3.6
FSMD Fidelity Small-Mid Multifactor ETF 0.2 15 41 6.4 -4.1
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.2 39 17 7.0 -3.5
EGLE Global X S&P 500 U.S. Revenue Leaders ETF 0.2 19 37 4.9 -5.6
ESGU iShares ESG Aware MSCI USA ETF 0.2 15 41 4.2 -6.3
STXI Strive International Developed Markets ETF 0.2 29 27 6.3 -4.2
XCNY SPDR S&P Emerging Markets ex-China ETF 0.2 15 41 5.8 -4.7
EIPX FT Energy Income Partners Strategy ETF 0.2 95 -39 5.7 -4.8
XMAG Defiance Large Cap ex-Mag 7 ETF 0.2 35 21 4.3 -6.2
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.2 4 52 16.9 +6.4
FDMO Fidelity Momentum Factor ETF 0.2 15 41 2.5 -8.0
TOK iShares MSCI Kokusai ETF 0.2 26 30 4.3 -6.2
EBI Longview Advantage ETF 0.2 35 21 5.9 -4.6
ENHU iShares Enhanced Large Cap Core Active ETF 0.2 22 34 4.2 -6.3
ACWI iShares MSCI ACWI ETF 0.2 32 24 4.7 -5.8
ISMD Inspire Small/Mid Cap ETF 0.2 54 2 4.8 -5.7
DTD WisdomTree U.S. Total Dividend Fund 0.2 28 28 5.6 -4.9
RAUS RACWI US ETF 0.2 15 41 4.2 -6.3
FDEM Fidelity Emerging Markets Multifactor ETF 0.2 25 31 10.8 +0.3
IYY iShares Dow Jones U.S. ETF 0.2 20 36 4.1 -6.4
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 0.2 80 -24 5.3 -5.1
SCHK Schwab 1000 Index ETF 0.2 5 51 4.3 -6.2
PBUS Invesco MSCI USA ETF 0.2 4 52 4.3 -6.2
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.2 3 53 4.4 -6.1
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.2 11 45 4.2 -6.3
DFUS Dimensional U.S. Equity ETF 0.2 9 47 4.1 -6.4
GXLC Global X U.S. 500 ETF 0.2 2 54 4.1 -6.3
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.2 59 -3 8.8 -1.7
EZM WisdomTree U.S. MidCap Fund 0.2 38 18 7.8 -2.7
DES WisdomTree U.S. SmallCap Dividend Fund 0.2 38 18 7.7 -2.8
FLQL Franklin LibertyQ U.S. Equity ETF 0.2 15 41 4.6 -5.9
SQLV Royce Quant Small-Cap Quality Value ETF 0.2 60 -4 7.5 -3.0
VTI Vanguard Total Stock Market ETF 0.2 3 53 4.2 -6.3
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.2 3 53 4.2 -6.3
SCHB Schwab U.S. Broad Market ETF 0.2 3 53 4.3 -6.2
IWV iShares Russell 3000 ETF 0.2 20 36 4.1 -6.4
VTHR Vanguard Russell 3000 ETF 0.2 7 49 4.2 -6.3
ILCB iShares Morningstar U.S. Equity ETF 0.2 3 53 4.2 -6.3
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.2 80 -24 9.6 -0.9
ESGG FlexShares STOXX Global ESG Select Index Fund 0.2 42 14 4.0 -6.5
TOPC iShares S&P 500 3% Capped ETF 0.2 15 41 4.4 -6.1
BKLC BNY Mellon US Large Cap Core Equity ETF 0.2 0 56 12.6 +2.2
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.2 20 36 5.7 -4.8
VOTE TCW Transform 500 ETF 0.2 5 51 4.2 -6.3
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.2 9 47 4.3 -6.2
IWB iShares Russell 1000 ETF 0.2 15 41 4.2 -6.3
VONE Vanguard Russell 1000 ETF 0.2 7 49 4.3 -6.2
ESGV Vanguard ESG U.S. Stock ETF 0.2 9 47 4.2 -6.3
APUE ActivePassive U.S. Equity ETF 0.2 45 11 4.0 -6.5
SCHX Schwab U.S. Large-Cap ETF 0.2 3 53 4.3 -6.2
AQLT iShares MSCI Global Quality Factor ETF 0.2 18 38 0.0 -10.5
DLN WisdomTree U.S. LargeCap Dividend Fund 0.2 28 28 5.3 -5.2
SPXV ProShares S&P 500 Ex-Health Care ETF 0.2 9 47 4.0 -6.5
SPXN ProShares S&P 500 Ex-Financials ETF 0.2 9 47 4.1 -6.4
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.2 45 11 5.4 -5.0
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.2 45 11 8.3 -2.2
VALQ American Century U.S. Quality Value ETF 0.2 29 27 7.2 -3.3
XVV iShares ESG Screened S&P 500 ETF 0.2 8 48 4.2 -6.3
TOV JLens 500 Jewish Advocacy U.S. ETF 0.2 18 38 4.0 -6.5
LDEM iShares ESG MSCI EM Leaders ETF 0.2 17 39 13.1 +2.7
SPXE ProShares S&P 500 Ex-Energy ETF 0.2 9 47 4.1 -6.4
FFSM Fidelity Fundamental Small-Mid Cap ETF 0.2 43 13 4.8 -5.7
QVML Invesco S&P 500 QVM Multi-factor ETF 0.2 11 45 4.4 -6.1
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.2 24 32 5.4 -5.1
IPKW Invesco International BuyBack Achievers ETF 0.2 55 1 8.0 -2.5
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.2 25 31 5.4 -5.1
IEUR iShares Core MSCI Europe ETF 0.1 11 45 6.4 -4.1
RVRB Reverb ETF 0.1 30 26 3.6 -6.9
VGK Vanguard FTSE Europe ETF 0.1 6 50 6.6 -3.9
SPYX State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 36 4.0 -6.4
VOO Vanguard S&P 500 ETF 0.1 3 53 4.3 -6.2
SPYM State Street SPDR Portfolio S&P 500 ETF 0.1 2 54 4.3 -6.2
IVV iShares Core S&P 500 ETF 0.1 3 53 4.3 -6.2
SPY SPDR S&P 500 ETF 0.1 9 47 4.2 -6.3
CHRI Global X S&P 500 Christian Values ETF 0.1 29 27 4.0 -6.5
CATH Global X S&P 500 Catholic Values Custom ETF 0.1 29 27 4.1 -6.4
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.1 2 54 4.2 -6.3
VEXC Vanguard Emerging Markets Ex-China ETF 0.1 7 49 5.8 -4.7
JHEM John Hancock Multifactor Emerging Markets ETF 0.1 49 7 7.8 -2.7
STXD Strive 1000 Dividend Growth ETF 0.1 35 21 4.4 -6.1
EUDG WisdomTree Europe Quality Dividend Growth Fund 0.1 58 -2 6.4 -4.1
EES WisdomTree U.S. SmallCap Fund 0.1 38 18 7.6 -2.9
USXF iShares ESG Advanced MSCI USA ETF 0.1 10 46 3.8 -6.7
GMF SPDR S&P Emerging Asia Pacific ETF 0.1 49 7 8.8 -1.6
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.1 41 15 7.2 -3.3
SPEU SPDR Portfolio Europe ETF 0.1 7 49 6.5 -4.0
TEXN iShares Texas Equity ETF 0.1 20 36 5.2 -5.3
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.1 20 36 4.3 -6.2
ACVF American Conservative Values ETF 0.1 75 -19 3.8 -6.7
MCDS JPMorgan Fundamental Data Science Mid Core ETF 0.1 35 21 4.8 -5.7
SLYV State Street SPDR S&P 600 Small Cap Value ETF 0.1 15 41 8.7 -1.8
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.1 7 49 4.5 -6.0
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.1 8 48 4.5 -6.0
IJS iShares S&P Small-Cap 600 Value ETF 0.1 18 38 8.6 -1.9
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.1 10 46 8.7 -1.8
ILCV iShares Morningstar Value ETF 0.1 4 52 5.3 -5.2
EMXF iShares ESG Advanced MSCI EM ETF 0.1 16 40 6.8 -3.7
ISCG iShares Morningstar Small-Cap Growth ETF 0.1 6 50 2.7 -7.8
VWO Vanguard FTSE Emerging Markets ETF 0.1 7 49 9.4 -1.1
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 0.1 44 12 9.6 -0.9
EPS WisdomTree U.S. LargeCap Fund 0.1 8 48 4.8 -5.7
VV Vanguard Large-Cap ETF 0.1 4 52 4.2 -6.3
QUS State Street SPDR MSCI USA StrategicFactors ETF 0.1 15 41 5.0 -5.5
AFK VanEck Africa Index ETF 0.1 98 -42 11.7 +1.2
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.1 39 17 3.4 -7.1
BKEM BNY Mellon Emerging Markets Equity ETF 0.1 11 45 24.9 +14.4
IEMG iShares Core MSCI Emerging Markets ETF 0.1 9 47 8.5 -2.0
XT iShares Exponential Technologies ETF 0.1 46 10 4.0 -6.5
EMXC iShares MSCI Emerging Markets ex China ETF 0.1 25 31 5.3 -5.2
ESGD iShares ESG Aware MSCI EAFE ETF 0.1 20 36 5.8 -4.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 36 4.8 -5.7
SFY SoFi Select 500 ETF 0.1 0 56 3.8 -6.7
FLKR Franklin FTSE South Korea ETF 0.1 9 47 4.5 -5.9
DEM WisdomTree Emerging Markets High Dividend Fund 0.1 63 -7 10.4 -0.1
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.1 15 41 6.0 -4.5
SCHE Schwab Emerging Markets Equity ETF 0.1 11 45 9.6 -0.9
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 0.1 30 26 8.3 -2.2
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 35 3.0 -7.5
IDMO Invesco S&P International Developed Momentum ETF 0.1 25 31 5.2 -5.3
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.1 7 49 4.2 -6.3
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 46 4.3 -6.2
AVSC Avantis U.S Small Cap Equity ETF 0.1 25 31 4.4 -6.1
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.1 36 20 7.9 -2.6
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -9 6.9 -3.5
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 0.1 69 -13 7.8 -2.7
EEM iShares MSCI Emerging Markets ETF 0.1 69 -13 8.1 -2.4
DEHP Dimensional Emerging Markets High Profitability ETF 0.1 41 15 5.0 -5.5
IWO iShares Russell 2000 Growth ETF 0.1 24 32 0.5 -10.0
VSLU Applied Finance Valuation Large Cap ETF 0.1 49 7 4.9 -5.6
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.1 66 -10 7.6 -2.9
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.1 15 41 8.3 -2.2
PSC Principal U.S. Small-Cap ETF 0.1 38 18 3.6 -6.9
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.1 32 24 7.8 -2.7
IWP iShares Russell Mid-Cap Growth ETF 0.1 23 33 3.0 -7.5
STXE Strive Emerging Markets Ex-China ETF 0.1 32 24 5.5 -5.0
FLAX Franklin FTSE Asia Ex Japan ETF 0.1 19 37 7.4 -3.1
JQUA JPMorgan U.S. Quality Factor ETF 0.1 12 44 4.9 -5.6
EEMA iShares MSCI Emerging Markets Asia ETF 0.1 49 7 7.7 -2.7
FYX First Trust Small Cap Core AlphaDEX Fund 0.1 61 -5 5.1 -5.4
VTWG Vanguard Russell 2000 Growth ETF 0.1 10 46 0.6 -9.8
IJR iShares Core S&P Small Cap ETF 0.1 6 50 6.1 -4.4
VIOO Vanguard S&P Small-Cap 600 ETF 0.1 7 49 6.0 -4.5
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 0.1 3 53 6.2 -4.3
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.1 70 -14 7.2 -3.3
LGDX Intech S&P Large Cap Diversified Alpha ETF 0.1 25 31 4.2 -6.3
DMXF iShares ESG Advanced MSCI EAFE ETF 0.1 12 44 4.9 -5.6
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.1 39 17 2.2 -8.3
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.1 9 47 3.6 -6.9
TXS Texas Capital Texas Equity Index ETF 0.1 49 7 5.0 -5.5
SCDS JPMorgan Fundamental Data Science Small Core ETF 0.1 40 16 3.6 -6.9
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.1 9 47 4.4 -6.1
IGRO iShares International Dividend Growth ETF 0.0 15 41 6.6 -3.9
IEV iShares Europe ETF 0.0 67 -11 5.9 -4.6
GSPY Gotham Enhanced 500 ETF 0.0 50 6 4.4 -6.1
FLEE Franklin FTSE Europe ETF 0.0 9 47 6.3 -4.2
XC WisdomTree Emerging Markets Ex-China Fund 0.0 32 24 6.6 -3.9
BBEU JPMorgan BetaBuilders Europe ETF 0.0 9 47 6.2 -4.3
USEW Cambria US EW ETF 0.0 30 26 4.1 -6.4
AVUV Avantis U.S. Small Cap Value ETF 0.0 25 31 7.7 -2.8
STXG Strive 1000 Growth ETF 0.0 18 38 3.3 -7.2
AVLV Avantis U.S. Large Cap Value ETF 0.0 15 41 5.7 -4.8
AVUQ Avantis U.S. Quality ETF 0.0 15 41 3.7 -6.8
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 44 3.7 -6.8
VONG Vanguard Russell 1000 Growth ETF 0.0 7 49 3.8 -6.7
IWF iShares Russell 1000 Growth ETF 0.0 19 37 15.4 +4.9
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.0 15 41 9.2 -1.3
THRO iShares U.S. Thematic Rotation Active ETF 0.0 90 -34 3.2 -7.3

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2020 2021 2022 2023 2024 2025E 2026E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 VanEck Steel ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.9 %
Divided by: Fwd. P/BV 1.2 x
Less: Expense ratio 56 bp
Equals: ALTAR Score 10.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.73 CATEGORY
AVERAGE		 1.58
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.